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Amazon Slips Despite $6 Billion AWS Deal with Snowflake; S&P 500 Hits New High
Amazon shares dropped 1.2% to $270.64 even as the S&P 500 reached a new high. A $6 billion AWS deal with Snowflake sent Snowflake shares up 33%, but Amazon's heavy AI spending dragged on free cash flow.
Palo Alto Networks Hits Record High on AI Security Demand Ahead of Earnings
Palo Alto Networks shares hit a record $281.69, up 9.3%, as AI security tailwinds and analyst optimism fuel buying ahead of earnings.
Zeta Global Soars 13% on AI Optimism and Options Surge
Zeta Global shares surged 13.43% Friday amid heavy call-option activity and a loyalty-data study. Q1 revenue grew 50% to $396 million, and the company lifted its 2026 revenue forecast.
POET Technologies Stock Slips Again as $400M AI Optics Plan Faces New Hurdles
POET Technologies shares dropped 7.3% Friday, closing at $12.29 as the company's $400 million AI optics push faces setbacks including canceled orders and a securities class action.
Microsoft Rallies on $9.7B Pentagon Deal and AI Model Unveiling
Microsoft shares climbed over 5% to $450.24 on a $9.7B Pentagon deal and upcoming AI model launches, pushing its market value near $3.35 trillion.
June Social Security Payment Schedule: 5 Key Dates for Beneficiaries
The SSA's June payment calendar includes five dates: June 1 for SSI, June 3 for early-cycle beneficiaries, and June 10, 17, 24 based on birth date.
Snap Stock Slips as Ad Recovery Remains Elusive
Snap Inc. shares fell nearly 2% to $5.80 on Friday, underperforming the broader market as advertising revenue growth remained sluggish.
AT&T Lags Market Rally as $45B Payout Plan Takes Center Stage
AT&T closed lower on Friday, underperforming major indices. The company reiterated its $45 billion capital return plan for 2026-2028 and provided updates on free cash flow, network investments, and new wireless pricing.
Coherent Stock Slips 6.6% Amid Profit-Taking in AI Optics Sector
Coherent Corp. (COHR) dropped 6.6% to around $352 on Friday, even as the broader market rose, signaling profit-taking in AI optics stocks.
